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Gary Anderson
Manufacturing recovery stumbles as factory orders fall again
Manufacturing recovery stumbles as factory orders fall again

There’s been quite a bit of chatter this spring about a rebound in the manufacturing sector. Whether those predictions will hold up is looking less and less certain as new orders tumble.Demand for factory-made goods has fallen three of the past four months, sliding an unexpected 0.6%, or $2.9 billion, in April.  The measure had tanked 2.1% in March, marking the first back-to-back declines in more than three years.Machinery orders plunged 2.9%; requests for cars, computers and electrical equipment also fell, according to the Commerce Department. Demand for non-durable goods – items designed to last less than three years – dipped 1.1%. Shipments are down for the fourth month in a row;...

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